The Investment Promotion Agency of Qatar: The first work anniversary in July 2020

0
684
investment promotion

Young Investment Promotion Agencies

The Investment Promotion Agency of Qatar (IPAQ) will soon celebrate its first work anniversary as it was launched in July 2019 to smooth the way for investors’ journeys to business success in Qatar, while transforming and diversifying one of the world’s most prosperous economies.

To this end, the Agency acts as a single gateway to all investment solutions in Qatar, with a focus on advancing ambitious investors’ goals and accelerating their growth, in line with the nation’s FDI roadmap and economic development goals. While opening the door to opportunities in all fields and disciplines, IPAQ actively pursues targeted, sector-specific investment promotion agendas.

Beyond connecting investors to the right people, resources and platforms, the Investment Promotion Agency continues to make headway in realizing this shared goal of progress by coordinating investment promotion and marketing activities with key stakeholders, while also developing policy advisories.

IPAQ acts as an umbrella and facilitator for all licensing platforms, each of whom is working to attract businesses to set up in Qatar

IPAQ acts as an umbrella and facilitator for all licensing platforms, each of whom is working to attract businesses to set up in Qatar. These platforms include Qatar Financial Centre, Qatar Free Zones Authority, Qatar Science & Technology Park, the Ministry of Commerce and Industry, as well as the upcoming Media City. Under Qatari law, you may invest in all sectors permitted, with a shareholding of up to 49%, which can be increased to 100% upon the approval of the Minister of Commerce and Industry.

IPAQ is a member of the World Association of Investment Promotion Agencies (WAIPA), an international non-governmental organization that provides opportunities for investment promotion agencies worldwide to network and exchange best practices. Membership of WAIPA is expected to advance our methodologies and business development opportunities even further. More about WAIPA here.

Source: IPAQ